OPEC+ Meeting: Uncertainty Looms Over Oil Markets.

OPEC and its allies, including Russia, are unlikely to agree on further oil supply cuts at their meeting on Sunday in Vienna, despite a fall in oil prices towards $70 per barrel this week. The group had pledged voluntary cuts starting from May, adding to a 2 million barrels per day reduction agreed last year. However, concerns about global economic growth and demand have put pressure on oil prices, which are currently trading around $75 per barrel.